Top 10 Companies in Canada 2015

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Here is a list of the top 10 companies in Canada in the year 2015. Canada is one of the most prominent countries of North America, and a big financial & industrial hub owing to its proximity to USA. Having a population of over 35 million, it is one of the biggest economies in the world. Service, petroleum, manufacturing etc are the prominent industries in Canada.

10. Suncor Energies

Founded as a subsidiary of global oil giant Sunoco, previously known as Sun Oil, Suncor energy is the largest integrated oil company of Canada in terms of revenues.

It is headquartered in Calgary, Alberta which has the largest oil sands in Canada and 2nd largest in the world. It was founded in 1919 and till 1995, Sunoco had a major stake in Suncor. Initially Sunoco consolidated the oil industry in Canada by bringing it under Suncor but later it divested it stake to public making Suncor an independent widely held public company. Till 2010 Suncor used Sunoco brand name for its downstream operations in retail outlets and for that it had to pay royalty to Sunoco Corporation. In 2010 it acquired Petro-Canada and brought all its downstream operations under the Petro-Canada brand. Suncor has expanded internationally with drilling operations in North Sea, Libya, Syria etc.It has also developed independent retail outlet in regions of US close to Canada like Colarado.

Suncor is the world's largest producer of Bitumen which is a petrochemical product commonly known as Asphalt and has variety of applications in road building and construction. Along with Sunoco brand, Suncor had also contracted with husky energies and Philips-66  for retail operations which it later consolidated into Petro-Canada brand. Along with drilling Suncor owns a refineries in Ontario, Alberta and Quebec region of Canada. Its refineries with capacity as high as 137,000 barrel per day are fully run on oil sands and hence produce light oil. Ranked as one of the Canada's best employers and presence in Forbes global 2000 list Suncor is definitely one of the biggest in Canada. It competes majorly with imperial oil in Canada making the sector a close duopoly.

Figures ($'000)

Revenue : 38,788,000 

Profit : 2,783,000

Market Cap : 49,819 million$

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